Wall Street closed up and accumulates in the week gain

U.S. stocks closed slightly higher Friday, while the Nasdaq rose supported by strong earnings and an upbeat outlook for the technology company Oracle. The action Oracle Corp, the third largest software maker in the world, rose 8.3 percent to $ 27.46, and led the Nasdaq higher, after the company presented quarterly results better than expected and gave a forecast that beat Wall Street expectations. The close of trading on Friday marked the expiration of stock futures and options contracts in September, which usually tends to increase the volume and volatility and the Wall Street closed up.

Wall Street closed up

However, market strategists said the businesses were relatively limited. 'The market has been relatively stable and the volume has not risen to levels that people were waiting for, "said Bernie McSherry, director of strategic initiatives Cuttone & Company and the Wall Street closed up.. The Dow Jones industrial average rose 13.02 points, or 0.12 percent, to 10607.85 points. The Standard & Poor's 500 Index gained 0.93 points, or 0.08 percent to 1125.59 points. The Nasdaq Composite gained 12.36 points, or 0.54 percent to 2315.61 points. For the week, the Dow Jones rose 1.4 percent, the S & P 500 advanced 1.5 percent and the Nasdaq gained 3.3 percent. The S & P has a support at the moving average of the last 200 days, which is close to 1116 points, a level exceeded on Monday.

U.S. Market

Shares of Texas Instruments Inc. rose 3 percent to $ 25.73 after the chipmaker raised its share buyback program and quarterly dividend by 8 percent. Shares of Research in Motion Ltd, maker of the BlackBerry, advanced 0.3 percent to $ 46.64, cutting most of its gains from earlier in the session, after analysts lowered the price target on the stock because focused more on the intense competition it faces and the weak U.S. performance in the company's solid result and the Wall Street closed up.\.

Wall Street lower after consumer confidence data

U.S. stocks fell on Friday for the third consecutive session after data showed that consumers saw an improvement in lean economy.Retail sales rebounded in July, but showed signs of weakness in the economy, while consumer confidence appears to have stabilized in August, but was still nervousness in the short term.
The reports showed the economy has slowed considerably in recent months, but the numbers were strong enough to mitigate fears of a new recession."Consumer confidence was slightly higher, but the market is convinced that there is a remote risk of a new recession. This suggests that the figures could be weak in the important month of back to school, giving reasons for the pessimism push down the market, "said Jeff Kleintop, chief market strategist at LPL Financial.

Wall Street Market

The Dow Jones industrial average was down 0.15 percent, to 10304.70 points, the Standard & Poor's 500 lost 0.26 percent to 1080.84 and the Nasdaq Composite fell 0.49 percent, to 2179.54.
If the indexes closed lower on Friday, could be the biggest weekly drop in six weeks.
J.C. shares Penney Co Inc fell 2.2 percent to $ 20.34 after the retailer reported quarterly earnings better than expected, although the forecast failed the expectations of Wall Street.
Google Inc shares were down 1 percent and Research In Motion Ltd. slid 1.3 percent, weighed on the Nasdaq.
India could veto Google messaging services due to security fears, said the Financial Times. The government is seeking a similar measure with BlackBerry services from Research In Motion Ltd.
Separately, Google was sued by Oracle Corp for alleged violation of patents related to its popular program for Android phones.

U.S. Congress about to give Obama the Wall Street reform

The Senate on Thursday to pronounce on the further reform of financial regulation in the U.S. since the 1930s, in a vote that put an end to a long debate in Congress and President Barack Obama will provide a crucial legislative victory.

The final text of more than two thousand pages of the law, "Dodd-Frank" - the name of its principal authors, Senator Chris Dodd and Rep. Barney Frank - was designed to try to prevent another crisis like that of 2008 that precipitated the U.S. economy into the abyss.

President Obama, personally involved in the ongoing reform debate this for almost a year, once again encouraged the Senate on Tuesday to act "quickly" so that they can sign it into law next week.

A first vote on closure of the debate took place on Thursday morning, and the final vote could come quickly if the Republicans gave up to thirty hours of debate that should follow every vote closing.

"We will finish this bill" this week, said Tuesday to the press the head of the Democratic majority in the Senate, Harry Reid.

The text, which seeks to extend regulatory control to whole sections of finance which escaped him, notably the creation provides a body of financial consumer protection within the Federal Reserve (Fed), and prevents the rescue large financial institutions at the expense of taxpayers.

The House of Representatives has approved on 30 June by 237 votes to 192 the final text common to both chambers, the result of intense negotiations bicameral.

Earlier this week the Democratic majority, which controls 58 seats out of 100 in the Senate, was the accession of three Republicans - Olympia Snowe, Susan Collins and Scott Brown - which enabled him to gather the 60 votes necessary for approval text.

But the other 38 Senate Republicans are determined to mark their opposition to this bill, noting in particular that gives too much power to regulators, which failed to prevent the financial crisis.

When the unemployment rate remains historically high in the United States in about 10%, Obama and Democrats have criticized Republicans for months before the midterm elections in November because of his opposition to reform.

The adoption of this reform will be a second major legislative victory for Obama this year, after the reform bill of health coverage in March.

Among the other highlights of the proposed measures include a provision for better control of the vast market for derivatives traded mutual agreement. These tools were speculative in the center of the latest U.S. financial crisis.

The text also contains a measure called the "Volcker rule" by the name of Obama's economic adviser, Paul Volcker, whose idea is to keep commercial banks away from the "temptation" to take risks to focus on their activities credit.

The project also creates a supervisory board of financial stability. However, the reform was watered down by last-minute commitments. Commercial banks may for example continue to market certain investment products.

Wall Street opened slightly higher after jobs data

Wall Street opened slightly higher on Friday after a jobs data showed the U.S. economy in August destroyed fewer jobs than expected, although the unemployment rate reached highs of 26 years.

At 1345 GMT, the Dow Jones industrial average. DJI was up 0.25 percent at 9366.53 points, while the broader Standard & Poor's 500. SPX appreciated 0.31 percent to 1006.04 points.

Meanwhile, the Nasdaq Composite selective. IXIC rose 0.45 percent to 1991.29 points.